:15 Intro to Libby Kyros who is a loan officer with Guaranteed Rate, her line of work, and tips for non W2 workers

2:07 Types of clients she works with and the process of helping them through the loan process

2:51 If the client needs guidance through the process financial goals are discussed 

3:35 Her company offers a concierge refinance team

5:49 Being comfortable in your current mortgage payment is a priority 

6:38 It’s an incredible opportunity to be able to invest in real estate right now 

8:00 Being denied the opportunity to refinance and the complex feelings around that

8:48 Being an independent contractor and buying a property and navigating write offs

9:50 Maine has lots of hidden wealth

10:20 Jumbo Loans

12:00 Coming from a long line of Mainers and learning from their financial mistakes 

12:19 The Microsoft Regret

15:24: “Hey, I think we should build a house” conversation with her husband 

16:28 “That’s your Grandfather in you” feeling your intuition to make a decsion

17:24 You gotta take a little bit of risk

23:14 The difference between buying the first home and buying a second 

23:30 Wrapping Up

Get in contact with Libby on Instagram

All Ships Rising Website

Subject Points: 

:42 - Intro to Libby Kyros and her knowledge of interest rates

2:20 - Why are interest rates doing what they are doing? 

3:30 - What is the federal funds rate? 

6:45 - How mortgage rates are determined

7:50 - When is it best for investors to take a step back?

9:02 - When the stock market isn’t great no one tells you not to put money in your 401 K

9:55 - If rates go down, not only will you have a better payment, property value goes up too

12:12 - Investing advisors will say, invest x amount every month, regardless of the market

12:58 - Benefits of owning a home vs renting

13:44 - The empowering feeling of buying a house on your own with your own money

14:20 - The spread of interest rates amongst credit unions

17:34 - Being fully aware of your mortgage rate options as a buyer 

20:19 - Wrapping up

Get in contact with Libby on Instagram

Subject Points: 

:37 Introduction

1:30 Handling things head-on has been major growth

2:07 Taking inventory of loving people around you when things are tough

4:14 I hope this lifts your spirit

4:54 “Taking refuge”

6:45 Wrapping up

Resources Mentioned:

https://allshipsrising.com/

High Yield Savings account:

WealthFront – 5.00-5.50%!

Legal Zoom

Subject Points: 

:22 Intro

1:00 Creating a will makes it easier for your family members when you pass

1:40 If you don’t have a will it goes to probate

2:20 A will can take up to 10 minutes, legal zoom exists to help with this process. 

2:25 People who bought a house 20 years ago, saw a huge increase in value

4:05 A trust can pass on a property that has gained value over time

5:30 A will is the cheapest way to give some insight into your finances to your heirs

7:04 A living trust makes the transfer much easier and requires less taxes to be paid

8:01 A living trust can also give gifts, taxfree

8:53 A will is not legally binding without two witness signatures 

9:21 Start the conversation about finances as early as possible

10:22 Changes can be made to the will

10:55 The client I have who doesn’t have any idea of their parents’ finances 

11:50 Bring up horror stories of friends who didn’t have a will or any financial planning to educate others

13:22 Wrapping up

Resources Mentioned:

https://allshipsrising.com/

High Yield Savings account:

WealthFront – 5.00-5.50%!

Legal Zoom

Subject Points:

:21 - Intro

1:40 - Talking about manifestation in Istanbul

2:47 - Receiving the advice of waiting for what shows up

3:16 - Success that came with making a major decision

4:19 - Seeing the results of mental focus and committing to a vision

5:00 - The how to move forward when you are not good at making a decision

5:36 - Borrowing a friend’s method of a manifesting journaling

6:36 - Being told others would bet on me, if I bet on myself

7:38 - Having gratitude for the friends who are further along than you

8:41 - Ladies & femmes we got to start betting on ourselves

8:47 - Wrapping up and notes from last week’s episode

Resources Mentioned:

https://allshipsrising.com/

High Yield Savings account:

WealthFront – 5.00-5.50%!

All Ships Rising Website

Subject Points:

:19 - Intro

:56 - Empathic types can feel so many emotions beyond themselves

2:11 - As a child having a hard time figuring out which feelings were my own

3:39 - Realizing I was interpreting my dance teacher’s nervous energy as mine

4:27 - Mentally imagining a space between self and others

5:10 - Realizing that most of the intense feelings weren’t mine and I needed to create mental bubble

6:36 - Having a discussion with my neighbor and realizing the emotions can pass quickly after being aware of them

8:28 - I am my most agitated when I realize I have violated my own boundaries 

9:30 - Realizing in difficult situations there are 3 options, be the victim, the martyr, or being in charge

12:40 - Women give so much, beyond what they can give

17:17 - Wrap Up

Resources Mentioned:

https://allshipsrising.com/

High Yield Savings account:

WealthFront – 5.00-5.50%!

Subject Points: 

:26- 1:15 - Intro

1:45 - Trying to piece together the path forward

2:22 - Most people feel behind these days

4:03 - Mentally inhabiting a space keeps you stuck

5:02 - Indecision is the killer of abundance

7:20 - Feeling healthy in my body took priority

8:40 - There is a lot of pressure on wealth-building in society

9:28 - The feeling of guilt exists when we do things for our good 

11:11 - I could nitpick my history, but it all worked out

14:11: The decision to buy a house is a big decision

14:47 : Wrap up

Resources: 

[email protected]

High Yield Savings account recommendation:

WealthFront – 5.00-5.50%!

Subject Points: 

3:00  - What red flags should I walk away from?

4:00 - There’s a solution to everything! (But you might not want to pay it)

5:30 – How can you tell a property can make money? Looking at the most conservative situation in terms of rental income.

7:00 – Prioritizing what will optimize the efficiency of the building “Is someone going to pay you more rent for that?” – Good question to be asking yourself

9:15 – being strategic about turnovers and renos during the turnover time

qq:30 – Renovating, doing it right. Balance of affordability and durability.

13:30 – Things you’ve learned from being a Landlord – being intentional, thorough lease which is vetted by a lawyer.

16:00 – Picking up the phone and talking to people directly, getting to know tenants

18:30 – You don’t have to get it right the first time. 

20:00 – Women’s investment group and optimizing costs and renovating current properties.

21:00 – Avail.com – system for landlords and rentals.

22:00 Portland Women’s Investors Group (Instagram and Facebook). 

24:00 Wrap Up

Resources:

“We wanna work with you” Landlord to the tenant

Portland Women Investors – Facebook

[email protected]

WealthFront – Savings Account offering 5.00% return

Subject Points:

1:-3:00 Intro to Kaili and NAR comments

4:30: Starting out – finding a more permanent place to live. Ended up with a 4 unit

6:30: Renovated one of the units, moved in, saved on rent and spent on renovating more units

8:00: Buying one property a year. Putting larger mortgage on several properties when rates were low, and pulling out equity to buy 2 more buildings.

9:45: LLCs vs Trusts. Commercial rates are adjustable.

10:30: Always sought financial council from trusted advisors about each large step.

11:30: How do I buy a second property if I own one property? How do I expand from here?

• HELOCs (Home Equity Line of Credit)

13:00 Banks will compete for commercial loans. There is more ability for a buyer to negotiate rates.

14:30: Math is priority one when buying a property.

16:00: LLCs or Irrevocable Trusts are ways of separating you from liability. 

17:00 How much reserves should I have when I own one or two properties? Depends on condition and risk tolerance.

20:00 Wrap Up

Portland Women Investors – Facebook

[email protected]

WealthFront – Savings Account offering 5.00% return

Subject Points: 

:38 - Intro.

2:23 - Should I Buy with my Boyfriend? 

2:36 - Reasons to partner with someone to buy.

3:15 -  Legal ramifications of buying with someone.

5:25 - Always seek legal counsel.

7:02 - Your home is potentially one of the most expensive purchases you will make. 

9:02 - Savings to consider in addition to the downpayment. 

12:49 - A condo as a first property.

13:30 - HOAs

19:00 - Wrap Up

Resources Mentioned:

https://allshipsrising.com/

Vanguard or Fidelity Roth IRA account

https://open.alliantcreditunion.com/products

https://wealthfront.com

https://www.wealthfront.com/c/affiliates/invited/AFFB-J75A-34KN-PW9Z